Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: QFEX against Bitget−0.138%56s7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.504% of the position
Funding, last 4 days (all we have)−0.068%−$7 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.138%, 7d avg −0.171%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.033% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.171%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 173.99 | 0 | get 0.0000% / 8h | 3h 16m | $2.8M | $10.4M | 20x |
| Short | QFEX MRNA-USD | 173.75 | 0 | get 0.0000% / 1h | 16m 44s | $1.1M | $2.6M | 10x |
Bitget MRNAUSDT
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.138% → −0.171%
- $3.3
- Slippage, 4 orders
- −$28.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$47.12
- Costs to cover
- 0.504%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 3.16 bp | 17.5 bp −$18 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 4.02 bp | 9.2 bp −$9 | 16.6 bp −$166 | doesn't fit | doesn't fit |
MRNA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0517% | 4h | 174.17 | +0.106% | $3K | $247K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.97 | −0.013% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 174.10 | +0.063% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.91 | −0.046% | $948K | $614K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.94 | −0.029% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 173.75 | −0.138% | $1.1M | $2.6M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 173.97 | −0.011% | $870K | $999K | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 173.99 | long leg | $2.8M | $10.4M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 174.17 | +0.103% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 174.21 | +0.125% | $660 | $149K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 173.68 | −0.177% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 174.01 | +0.011% | $1.6M | $643K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0020% | 8h | 174.05 | +0.034% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.834% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.90 | −0.052% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.79 | −0.115% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.77 | −0.126% | $2.7M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.94 | −0.029% | $43K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0153% | 1h | 173.89 | −0.057% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 173.88 | −0.063% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0600% | 1h | 174.22 | +0.132% | $158K | $1.1M | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA